1 bedroom Apartment in Paphos, Cyprus No. 57288

1

Bedrooms

50 sq.m.

Square

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

  • The purchase is made by an individual, not a legal entity.
  • The buyer is not going to rent out the acquired property.
  • This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.
A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

Parameters

Property Description

A collection of one- and two-bedroom apartments set in the heart of Paphos's tourist area, just steps from the beach, a private school, and a lively strip of cafés and restaurants. Spacious verandas extend the living space outward, opening onto sweeping sea views.

Contemporary architecture defined by clean geometric lines and premium materials creates a refined, minimalist exterior, while thoughtful landscaping preserve privacy, natural light, and long-term views for residents. Each residence is fitted with VRV air conditioning, underfloor heating throughout, a smart home system for lighting, climate, and security, a bespoke kitchen, and premium built-in appliances.

Residents enjoy resort-style amenities. Every apartment comes with its own private storage room and parking space.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Features

Storage room

Storage room

Car park

Car park

Common area with pool

Common area with pool

Statistics

€ 3 890

Price per sq.m.

180

Quality of Life Index

57

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

Common area with pool

Common area with pool

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